DAILY CURRENT AFFAIRS 26-NOV-2021

daily current affairs 26 nov 2021

DAI2021LY CURRENT AFFAIRS
26-NOV-

News :- Govt. to revisit income criterion for EWS quota

Who are eligible for this Quota ?

It is for economic reservation in jobs and admissions in education institutes for Economically Weaker Sections (EWS).

→ Is there any Constitutional Backing of EWS Quota ?

  • The 10% EWS quota was introduced under the 103rd Constitution (Amendment) Act, 2019 by amending Articles 15 and 16.
  • It inserted Article 15 (6) and Article 16 (6).

Who are eligible for this Quota ?

To be eligible for the EWS certificate, you will have to satisfy all the conditions mentioned below:

  • should be a ‘General’ candidate (not covered under reservation for SC, ST or OBC).
  • family’s gross annual income should be below Rs. 8 lakhs. This includes income from all sources such as agriculture, salary, business, etc
  • Should not own agricultural land of size 5 acres or more.
  • Should not own a residential flat of area 1000 square feet or more.
  • Should not own a residential plot (in notified municipalities) of an area 100 square yards or more
  • Should not  own a residential plot (other than in notified municipalities) of area 200 square yards

What was the need of it :-

  • Addresses Inequality:  The 10% quota is progressive and could address the issues of educational and income inequality in India since the economically weaker sections of citizens have remained excluded from attending higher educational institutions and public employment due to their financial incapacity
  • Recognition of the Economic Backwards:

There are many people or classes other than backward classes who are living under hunger and poverty-stricken conditions.

The proposed reservation through a constitutional amendment would give constitutional recognition to the poor from the upper castes.

  • Reduction of Caste Based Discrimination

Moreover, it will gradually remove the stigma associated with reservation because reservation has historically been related with caste and most often the upper caste look down upon those who come through the reservation.

What are Concerns of this quota ?

  • Breaches Reservation Cap: In the Indira Sawhney case 1992, the nine-judge Constitution bench put a cap of 50%.The EWS quota breaches this limit, without even putting this issue into consideration.
  • Arbitrary Criteria:
    The criteria used by the government to decide the eligibility for this reservation is vague and is not based on any data or study.
Way Forward
  • Instead of giving reservation based on different criterias government should focus on quality of education and other effective social upliftment measures. It should create a spirit of entrepreneurship and make them job-givers instead of a job seeker
  • it  is high time now that the Indian political class overcame its tendency of continually expanding the scope of reservation in pursuit of electoral gains, and realised that it is not the panacea for problems.
  •  

News :-“Bring in three-rate GST structure”--- NIPFP(National Institute of Public Finance and Policy) study says Government can rationalise the rates without losing revenues.

What is GST ?

It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as set off.

What is legislative basis of GST ?

  1.   GST Bill was first introduced in 2014 as The Constitution (122nd Amendment) Bill.This got an approval in 2016 and was renumbered in the statute by Rajya Sabha as The Constitution (101st Amendment) Act, 2016.
  2. The GST Council shall make recommendations to the Union and States on the taxes, cesses and surcharges levied by the Centre, the States and the local bodies which may be subsumed in the GST

What is GST Council ?

It is a constitutional body under Article 279A. It makes recommendations to the Union and State Government on issues related to Goods and Service Tax and was introduced by the Constitution (One Hundred and First Amendment) Act, 2016. The GST Council is chaired by the Union Finance Minister and other members are the Union State Minister of Revenue or Finance and Ministers in-charge of Finance or Taxation of all the States.It is considered as a federal body where both the centre and the states get due representation. Every decision of the Goods and Services Tax Council shall be taken at a meeting by a majority of not less than three-fourths of the weighted votes of the members present and voting

CENTRE VOTING WEIGHTAGE – 1/3rd

OTHER STATES WEIGHTAGE – 2/3rd OF THE TOTAL

What is current GST structure  and possible reforms reported in news ? 

What is current GST structure and possible reforms reported in news

CONTEXT IN NEWS

THE CURRENT GST TAX SLAB RATES NEED TO BE REFORMED . THE EXISTING RATE SLABS OF 12% AND 18% NEED TO BE MERGED INTO A NEW TAX SLAB OF 15% . AND THE TAX RATE SLAB OF 28% NEED TO BE INCREASEDS TO FURTHER 30%                      

News :- 10,000 cr. Allotted for MGNREGS(Mahatma Gandhi National Rural Employment Guarantee Act)

What is MGNREGS ?

It is one of the largest work guarantee programmes in the world. Objective of the scheme is to guarantee 100 days of employment in every financial year to adult members of any rural household willing to do public work-related unskilled manual work

What was aim behind MGNREGS ?

Aim of improving the purchasing power of the rural people, primarily semi or un-skilled work to people living below poverty line in rural India. It attempts to bridge the gap between the rich and poor in the country.

WHAT ARE KEY FEATURES OF MGNREGS ?

Leave a Reply

Your email address will not be published.